This is a cute boutique hotel - I stayed in one of the Executive Rooms for four nights - roomy with an awesome king size bed and 42" flat screen TV. Friendly staff to boot, too.
The pool area is amazing - unfortunately, I could only admire it from afar as it was too chilly to take a dip (there is a jacuzzi that they claim holds 50 people that I didn't take advantage of - didn't bring the swim trunks).
The only issue I had was the location of the hotel - having stayed near Tempe & Scottsdale on my last visit, being in downtown Phoenix was a drag. It didn't feel like a real downtown to me and there was lots of street construction going on for their transit system. On the plus side it is near some of the gay bars (if that counts for anything).